Rockhopper Exploration Plc Stock Probability of Future Pink Sheet Price Finishing Over 0.23
| RCKHF Stock | USD 0.23 0.01 4.17% |
Rockhopper |
Rockhopper Exploration Target Price Odds to finish over 0.23
The tendency of Rockhopper Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.23 | 90 days | 0.23 | about 6.05 |
Based on a normal probability distribution, the odds of Rockhopper Exploration to move above the current price in 90 days from now is about 6.05 (This Rockhopper Exploration plc probability density function shows the probability of Rockhopper Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.19 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rockhopper Exploration will likely underperform. Additionally Rockhopper Exploration plc has an alpha of 0.4456, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rockhopper Exploration Price Density |
| Price |
Predictive Modules for Rockhopper Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rockhopper Exploration. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Rockhopper Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rockhopper Exploration is not an exception. The market had few large corrections towards the Rockhopper Exploration's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Rockhopper Exploration plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rockhopper Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 1.19 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.07 |
Rockhopper Exploration Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Rockhopper Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rockhopper Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rockhopper Exploration is way too risky over 90 days horizon | |
| Rockhopper Exploration has some characteristics of a very speculative penny stock | |
| Rockhopper Exploration appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 839 K. Net Loss for the year was (7.76 M) with loss before overhead, payroll, taxes, and interest of (302 K). | |
| Rockhopper Exploration plc has accumulated about 9.08 M in cash with (2.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders |
Rockhopper Exploration Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Rockhopper Pink Sheet often depends not only on the future outlook of the current and potential Rockhopper Exploration's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Rockhopper Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 458.5 M |
Rockhopper Exploration Technical Analysis
Rockhopper Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Rockhopper Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rockhopper Exploration plc. In general, you should focus on analyzing Rockhopper Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Rockhopper Exploration Predictive Forecast Models
Rockhopper Exploration's time-series forecasting models is one of many Rockhopper Exploration's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Rockhopper Exploration's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Rockhopper Exploration
Checking the ongoing alerts about Rockhopper Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rockhopper Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rockhopper Exploration is way too risky over 90 days horizon | |
| Rockhopper Exploration has some characteristics of a very speculative penny stock | |
| Rockhopper Exploration appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 839 K. Net Loss for the year was (7.76 M) with loss before overhead, payroll, taxes, and interest of (302 K). | |
| Rockhopper Exploration plc has accumulated about 9.08 M in cash with (2.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Rockhopper Pink Sheet
Rockhopper Exploration financial ratios help investors to determine whether Rockhopper Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rockhopper with respect to the benefits of owning Rockhopper Exploration security.